Intraday Tips and Market outlook for 13th of May.

US markets ended mixed.
Europe ended flat.
Asia is trading mixed.
Expect the Indian markets to have a flat to positive opening.

NIFTY magic levels
Current Spot - 3681.1
Support - 3646.20 and 3610
Resistance - 3704 and 3734

Day trading ideas -

Suzlon
Buy above 81.50 for targets of 83.10 and 84.25
Sell below 76.50 for targets of 75.40 and 74.65

GMR Infra
Buy above 117 for targets of 118 and 119
Sell below 111 for targets of 109 and 108

SBI
Buy above 1306 for targets of 1311 and 1318
Sell below 1280 for targets of 1272 and 1265

RPL
Buy above 122.10 for targets of 123.40 and 124
Sell below 118 for targets of 116 and 114.50

Happy Investing!

Guys please comment on this issue!

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Google has locked my blog as they think it is a spam.

I opened my blogger account I see a notification saying -

This blog has been locked due to possible Blogger Terms of Service violations. You may not publish new posts until your blog is reviewed and unlocked.

I have requested Google to review it. They will respond to it within two working days.

The blog is just to help individual investor.
It has helped many people in investing over a period of time.

Guys, my sincere request to you all, please comment; and; in this way inform Google that “this blog is not a spam”.
Comment and Say Google that the blog is not a spam!

I have written each and every article for the benefit of people/ my visitors.

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NIFTYlogy for 13th May.

NIFTY gave an excellent gain even after the bad IIP data.
Large caps gave excellent returns.
NIFTY broke the first resistance and rallied towards the second resistance.
Now NIFTY seems to be in a bullish mode.

NIFTY TRIN at 0.446

NIFTY magic levels
Current Spot - 3681.1
Support - 3646.20 and 3610
Resistance - 3704 and 3734

Action - Wait and Watch.

NIFTY Auto generated Technicals.

Happy Investing!

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Intraday Tips and Market outlook for 12th of May.

US markets ended negative.
Europe also ended negative.
Asia has opened in red and is also trading in red.
Expect a gap down opening in Indian Markets.

NIFTY magic levels
Current Spot - 3554.60
Support - 3505 and 3470
Resistance - 3590 and 3645

Day Trading Ideas -

Sesa Goa
Buy above 141 for targets of 145 and 148
Sell below 131 for targets of 128 and 125

HUL
Buy above 228 for targets of 230 and 232
Sell below 221 for targets of 219 and 216

Satyam Computers
Buy above 46.20 for targets of 47.90 and 49.10
Sell below 41.25 for targets of 40.05 and 39.10

RNRL
Buy above 58.10 for targets of 59.25 and 60.10
Sell below 57.25 for targets of 56.50 and 55.90

Happy Investing !

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NIFTYlogy for 12th May

We saw today the markets coming down.
I said in my earlier post that we may see a volatile section today.
We saw major Index stocks falling down.
US markets have opened lower. Europe is also trading negative.
So again a volatile day for NIFTY tomorrow.

NIFTY magic levels
Current Spot - 3554.60
Support - 3505 and 3470
Resistance - 3590 and 3645

Over all mode range bounded.
Event to wait for is release of IIP data and Election results this week end.

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Intraday Tips and Market outlook for 11 th of May.

US Markets ended higher.
Europe also ended higher.
Asia is trading flat to negative.
Expect the Indian markets to open in the same manner.
We may have a volatile section.

NIFTY magic levels
Current Spot - 3620.70
Support - 3585 and 3520
Resistance - 3680 and 3745

Day Trading ideas

Aban Offshores
Buy above 468 for targets of 474 and 481
Sell below 432 for targets of 428 and 425

IFCI
Buy above 27.10 for targets of 27.90 and 28.25
Sell below 25.25 for targets of 24.90 and 24.10

Kotak Mahindra Bank
Buy above 441 for targets of 446 and 449
Sell below 428 for targets of 422 and 417

LNT
Buy above 1002 for targets of 1012 and 1028
Sell below 984 for targets of 976 and 968

Happy Investing !

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NIFTYlogy for 11th May.

We saw that NIFTY is in a bullish mode.
NIFTY gave huge returns over nine weeks.
We may see rally on Monday.
We may see a bit volatility.
FII inflow in the last week was tremendous.

NIFTY magic levels
Current Spot - 3620.70
Support - 3585 and 3520
Resistance - 3680 and 3745

Stocks to watch out for in the coming week Click HERE.

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Weekly News letter and stocks to watch out for.

Markets gained yet again for the ninth consecutive week amidst high volatility as aggressive buying was witnessed on the first trading day.
The BSE Sensex breached the 12,000 mark on the back of positive global cues and buying support from FIIs and domestic institutions.

FII Trends are expected to remain positive.

The week ahead, maybe guided by the trends in the international markets at the beginning while back home, the IIP numbers which are expected to be announced in the mid-week could marginally influence the markets.

Volatility is expected to remain high as the results of Elections will be coming on 16th May.

Sectors to look out for -

• IT (Bearish)
• Pharma
• Telecom
• FMCG

Stocks to watch out for -

RCom - (229.60) Targets of 236 and 241. SL - 222

Unitech - (52.80) Targets of 54.25 and 56.80. SL - 50.25

RPL - (117.30) Targets of 123 and 131. SL - 111

GAIL - (261.05) Targets of 268 and 279. SL - 254

NIFTY Weekly Technicals.

HAPPY INVESTING !

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NIFTY Weekly Technical analysis.

Last week we saw NIFTY was in a bullish mode.
Last week NIFTY closed at 3473 and this week at 3620 a huge gain.
FII's participation was good.
NIFTY TRIN at 1.735
Over all Nifty is Range Bounded.
NIFTY Nature - Between 3400 - 3750.

Waiting till Election results are declared is the best strategy.

Current Spot - 3620.70
Support - 3540 and 3470
Resistance - 3725 and 3805
Reversal from either of these levels would provide the opportunity to initiate fresh short positions. (Resistance)

Nifty scaled the 3600 mark last Monday and went on to close the week above this level. Next medium term target zone for Nifty, if we consider the retracement of the down-move from January 2008 peak, lies between 3800 and 4000. July 2008 trough at 3790 will also be keenly watched as a possible resistance. Close below 3270 is needed to mitigate the positive medium-term view for the index.

Short-term outlook for Nifty is also positive and immediate targets are at 3730 and 3794. Supports for the week would be available at 3560 and 3460. Fresh longs should be avoided on a close below the first support.

Happy Investing!

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NIFTY Rally and Profit Booking.

NIFTY Rallied the whole week but witnessed profit booking section yesterday.
NIFTY mode is expected to be moderate (Range bounded).
Election results on 16th May can also determine these levels.

NIFTY magic levels
Current Spot - 3620.70
Support - 3540 and 3470
Resistance - 3725 and 3805

Over all mode - Range bounded. Signifies wait and watch.
NIFTY TRIN - 1.735

Stock to look out for -
HDIL , DLF and LNT

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